March 13, 2008

Stock picks: Solar in, biofuel out

2008 could still be a bad year for ethanol stocks but brighter for solar, according to this excerpt from the Wall Street Transcript's Alternative energy report.

In the report, Pavel Molchanov of Raymond James & Associates said the solar sector will continue to thrive despite the US recession largely because demand is largely tied to government subsidies, and the industry is not cyclical.

More on this report...